Another uncertain and volatile year in agriculture expected for the year ahead

After a year of economic shocks that included supply chain disruption, global conflict, tight margins and historic inflation, Purdue University department of agricultural economics experts are looking ahead to what the agricultural sector can expect in 2023. Those findings were recently published in the Purdue Agricultural Economics Report’s annual outlook issue. “Signs are pointing to another uncertain and volatile year in agriculture,” said Roman Keeney, associate professor and co-editor of the report. “In 2023, our experts are assessing the possibility of a recession, impacts from the ongoing war between Russia and Ukraine, as well as expectations for input costs and food prices.” Read more